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re: Conservatives Can Declare Victory in Bud Light Boycott: Market Value Down $15.7 Billion
Posted on 5/25/23 at 9:07 pm to Auburn1968
Posted on 5/25/23 at 9:07 pm to Auburn1968
TGT stock is taking it in the arse just like they wanted too
0
Posted on 5/25/23 at 9:08 pm to Auburn1968
I wonder how much Miller, Coors and Yuengling have benefited?
Posted on 5/25/23 at 9:09 pm to LRB1967
quote:
Victory happens the day Anheuser Busch apologizes and promises never to do it again
Weak.
Permanently impacting their business severely is the only way to turn back this ESG bullshite.
Posted on 5/25/23 at 9:10 pm to navy
quote:
Schilling Distributing is running radio ads during midday AM shows BEGGING people to buy Bud Light
It sucks for the local distributors. They didnt green light the nonsense.
But going woke has unforeseen consequences
Posted on 5/25/23 at 9:32 pm to Goonie02
quote:Everything you wrote is wrong, especially “literally zero purchases”.
how do you lose that much market value in a matter of weeks? that is literally impossible for too big to fail companies like AB Inbev.
the only possible explanation-and supported by empirical data of unsold bud light cases shared on social media-is no one is buying the product. literally zero purchases.
Posted on 5/25/23 at 9:36 pm to theunknownknight
quote:
Sink? No. Destroy.
Great song by Metallica. Oh wait….
Posted on 5/25/23 at 9:37 pm to Cosmo
quote:
It sucks for the local distributors. They didnt green light the nonsense.
But they didn’t say shite from the jump, they sat on their asses and laughed thinking it would blow over in a few days. Now that it has hit them in the wallet they are pandering.
Posted on 5/25/23 at 9:44 pm to SoFlaGuy
Nope. Blackrock and Vanguard would freeze their credit line for violating their ESG commitment and they would be double fcked.
Blackrock and Vanguard are blackmailing corporations who do not have "fck you" money.
Blackrock and Vanguard are blackmailing corporations who do not have "fck you" money.
Posted on 5/25/23 at 11:29 pm to Auburn1968
It's hard to believe AB is continuing to sit back so silently while trying to outwait the bloodletting.
Posted on 5/25/23 at 11:42 pm to Ole Ag
quote:Are we permitted to snicker a bit?
No. If you declare victory the war is over. Are you Don Jr?
Posted on 5/25/23 at 11:43 pm to AndyCBR
quote:Cheap drunks.
I'm wondering who the people are who are left that are actually buying any?
Posted on 5/25/23 at 11:50 pm to Open Your Eyes
This will probably blow over for AB, but Bud Light is permanently damaged. It will never recover. It is seen as a LGBT beer from now on. It’s a permanent stigma.
Posted on 5/26/23 at 12:15 am to Sofaking2
And the woke pasty white woman who came up with this stuff initially is still getting paid by AB. Lol. AB gonna AB.
Posted on 5/26/23 at 12:17 am to Auburn1968
It's not enough. Next is Target and North Face!!!!!!!
Do not break.
Do not break.
Posted on 5/26/23 at 5:04 am to Auburn1968
Keep it up...Boycot all A.B beers
Posted on 5/26/23 at 5:07 am to Auburn1968
I nominate Alissa Heinerdoodle for BudLight employee of the year.
Posted on 5/26/23 at 5:31 am to Auburn1968
quote:Not enough! Woke generators can explain it away. They'll attempt to do just that. Have there been any actual apologies, or even admissions of error from AB yet? When those start pouring out, then you see a few victory declarations start rumbling.
Anheuser-Busch Market Value Down $15.7 Billion
However, I'd also ad, unfortunately for AB, this is not a boycott revolt. This is product revulsion. Therein lies the difference. Revulsion is far harder to overcome. This is not "I'm not supporting your war on straight people." It is "I'm not drinking tranny piss."
BUD's stock is at $56 and change. It's dropped ~$10 since the Mulvaney garbage. To put that drop in perspective, here are two BUD charts. #1 is a 14yr (max) chart. #2 is a 3yr chart.
Note: While BUD is down nearly 60% from its 2016 highs, it is still up near 40% since its Covid lows of Mar 2020.
quote:
From a previous post.
quote:
BUD probably needs to drop another 30% to force the ouster of all leadership and retooling of attitude. They have a week left in Q2, but won't report until 27 Jul. Expected earnings are 72¢/s. The forecast appears unadjusted post-tranny piss controversy, so they should miss. The question is by how much. A big earnings miss might just do the trick.
This post was edited on 5/26/23 at 5:34 am
Posted on 5/26/23 at 5:36 am to NC_Tigah
Don’t be caught drinking “ tranny piss” around your friends, I saw it happen… lol
Posted on 5/26/23 at 5:59 am to SoFlaGuy
quote:
If the CEO came out today and said, we f’d up. We went against our core customer to appease the 1% of trannies and went woke, but, never again. FJB.
They are doubling down instead.
Bud Light and its parent company Anheuser-Busch are sponsoring at least three different upcoming Pride events despite backlash over the partnership with Dylan Mulvaney, a social media influencer who identifies as transgender.
Bud Light is listed as a sponsor on the Cincinnati Pride Parade website. Planned Parenthood and the Cincinnati Children’s Hospital, which medically transitions minors, are both also listed.
Meanwhile, in St. Louis, Missouri, where Anheuser-Busch is headquartered, the company is listed as the presenting sponsor of the St. Louis Pride Parade. A sponsorship packet explains that there are only four “presenting sponsor” slots available. The “Rainbow” sponsorship tier, located below the “presenting sponsor” tier, requires entities to pay $25,000.
Bud Light is also listed as a “Diamond Sponsor” of Stonewall Columbus, which organizes and hosts the annual Columbus, Ohio, Pride Parade. The “diamond” sponsorship tier requires companies to donate $20,000, a document from the organization specifies. The document also adds, “All Stonewall Columbus sponsors must affirm Stonewall’s diversity, equity, and inclusion policies AND agree to donate no less than 8 hours of volunteer time during a calendar year.”
Anheuser-Busch was also listed as a premier sponsor for the San Francisco Pride Parade in 2022. The 2023 sponsors of the San Francisco Pride Parade have not yet been released.
Bud Light was listed as a sponsor of the Chicago Pride Parade on a page that has since been scrubbed. Bud Light boasted that “we have a clear role to play in bringing real change and creating an inclusive and equitable world where we cherish and celebrate one another.”
Corona and Corona Hard Seltzer, products of Anheuser-Busch, are listed as sponsors of the upcoming Los Angeles Pride Parade.
Cutwater Spirits, another Anheuser-Busch product, is listed as a sponsor of the 2023 Chicago Pride Fest, which will occur one week before the Chicago Pride Parade.
https://www.dailywire.com/news/bud-light-to-sponsor-pride-parades-despite-ongoing-boycott
Posted on 5/26/23 at 6:00 am to Auburn1968
quote:
Conservatives Can Declare Victory in Bud Light Boycott: Market Value Down $15.7 Billion
I disagree
While it may not seem like that big of a deal the Left was able to infiltrate yet another brand that was a Conservative favorite and have Conservatives destroy it
We're getting our asses handed to us and this is just one more L
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